- VAT Team shares horror stories of when things went wrong to help clients avoid similar situations
- HMRC dispute resolved by simplifying core elements and requesting internal review, saving client £2.7m
- Land transaction review identified potential VAT issues and provided solutions to manage risks
- New audit client discovered they should have been VAT registered, leading to historic issues being unpicked and corrected
Source: thevatteam.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United Kingdom"
- New Updates on Correcting VAT Errors: Key Changes and Guidance for Businesses
- Colleges Win £2.8 Million Tax Rebates Amid VAT Rule Dispute with HMRC
- Tribunal Rules on VAT Status of Government Grants for Free Educational Services by Colleges
- The UK Should Lower or Abolish, Not Raise, Its VAT Registration Threshold
- UK Should Lower or Abolish VAT Threshold to Boost Small Business Growth and Efficiency
